Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting
Uber Technologies Inc on Wednesday reported widening losses even as trips and deliveries grew as driver incentives hit revenue at the ride-hail and food delivery company. Uber posted an adjusted $509 million second-quarter loss before interest, taxes, depreciation and amortization - a metric that excludes one-time costs, including stock-based compensation - widening losses by nearly $150 million from the first quarter. But the company reaffirmed its goal of hitting profitability on an adjusted EBITDA basis at the end of this year and said it would reduce losses to $100 million in the third quarter.
Uber reported its Q2 earnings after the bell, and while it beat expectations on bookings, EBITDA losses were greater than anticipated
The Canadians worked together on Reynolds's latest movie, "Free Guy."
Almost 9,000 Canadian border staff will begin "work-to-rule" strike action starting on Friday, the union announced on Wednesday, days before Canada begins allowing fully vaccinated U.S. visitors in the country for the first time in 16 months. Talks between two unions representing Canadian border guards and staff - the Public Service Alliance of Canada (PSAC) and the Customs and Immigration Union (CIU) - and the federal government reached an impasse in December 2020, and the unions served the federal government on July 27 with a strike notice.
Roku easily beat Wall Street forecasts for second-quarter 2021 earnings — posting 81% revenue growth — but the net number of new active user accounts fell shy of analyst expectations, while the total number of hours streamed fell by 1 billion hours from the prior quarter. Total net revenue grew 81% year-over-year to $645 million, […]
Netflix is expanding its vaccine mandate. The streaming giant will require that all employees who come into its offices be vaccinated for COVID-19. Those new rules will also include any visitors to its headquarters. In July, Netflix became the first Hollywood studio to have a blanket policy requiring that casts of all of its U.S. […]
Biles spent several days out of the spotlight at the training facilities of Juntendo University where she was able to overcome the disorientation she was experiencing while performing her gravity-defying skills, the Wall Street Journal reported on Tuesday. Juntendo is located in a suburb outside of Tokyo and there Biles was able to regain her confidence in privacy on the gym's soft mats and foam pits, the paper reported.
Stocks fell below record levels Wednesday, with investors weighing concerns over the economic impact of the ongoing pandemic against optimism over rebounding corporate earnings.
Etsy will report second-quarter results after market close on Wednesday, with investors bracing for a deceleration in the e-commerce company's business as more shopping resumed in person.
A tired bison caused a traffic jam, and some amusement, as it lay sleeping across a lane in Yellowstone National Park on August 3.Photographer Michael Osborn of Foto Hysteria captured the snoozing bison and a line of vehicles being held up behind it. “This one decided to take a nap in the middle of the road,” Osborn chuckled as he filmed. “They can nap anywhere they want,” he wrote on Facebook.According to the National Park Service, Yellowstone’s bison are “so accustomed to cars and asphalt roads that they seem to know the right-of-way” and “usually don’t stop in the middle of the road.” However, if one bison “decides to hold everyone up” the park service urged drivers not to beep their horn.“Be patient for bison to make their way off the road, or just simply go around them, but please save the honking for the city,” the NPS wrote. Credit: Foto Hysteria via Storyful
"These shoes are so light and comfy."
“Alberta has arrived,” Luke Azevedo, commissioner for Film, Television and Creative Industries of Calgary Economic Development, tells Variety. With productions scouting for new locations to help maximize their budgets and fit their creative vision, the removal of the $10 million-per-project cap on March 26 is a game-changer for the region, making Alberta nationally and globally […]
Less than a week after an underwhelming stock market debut, shares of Robinhood soared as much as 81 percent on Wednesday, in what could be the first example of a meta-meme stock.The online brokerage - popular with younger retail traders who ignited the "meme stock" phenomenon - went public last Thursday with disappointing results, closing below its IPO price.But this week, Robinhood was by far the most mentioned stock on WallStreetBets, the Reddit platform at the center of this year's meme stock rally, which bid up shares of companies such as GameStop, AMC Entertainment and Blackberry.In late January, Robinhood became the focus of controversy after freezing trades for meme stocks like GameStop and AMC, saying at the time that it didn't have the funds to cover all the bets amid the buying frenzy.On Wednesday, trading of Robinhood shares was halted due to market volatility, and the stock later fell back to Earth but still rose more than 40 percent.Wednesday also marked the first day investors could trade options on Robinhood shares, offering them another way of betting on the stock. Options trades by retail investors have contributed to outsize moves in the shares of other companies in recent months, including GameStop and AMC.In a sign of the volatility, data from Trade Alert showed retail investors made options bets on Robinhood making major moves in either direction. Bets on Robinhood shares rising above $70 by mid-August were the most actively traded contract, while bets on the stock falling below $20 by mid-August were the second most actively traded contract.
Walt Disney Animation Studios is opening a new production facility in Vancouver, British Columbia, as it ramps up its streaming offerings. Focusing on long-form series like the upcoming musical revisiting of “Moana,” the studio will recruit new talent for its feature-quality slate and special projects meant exclusively for Disney Plus, it was announced Wednesday by […]
John David Washington shot “Beckett” before last summer’s “Tenet” put the actor on a short list of potential action figures. But when it comes to this considerably more modest, Greece-set manhunt movie — which kicks off the Locarno Film Festival before releasing via Netflix on Aug. 13 — it helps to look at Washington (son […]
Yahoo Finance’s Alexandra Canal to break down Rihanna’s path to becoming a billionaire and Jeff Bezos being dethroned as the world’s richest person.
Jesse Edgerton, J.P. Morgan US Economic Research Executive Director, joins Yahoo Finance to preview July Jobs report, JPMorgan’s forecasted growth for the Education sector and outlook on the labor market.
Save up to 44 percent thanks to this hidden hub.
Jonathan Golub, Credit Suisse Securities Chief U.S. Equity Strategist joined Yahoo Finance Live to break down why the market is shrugging off large earnings beats and what this means long-term.